CHP ATWHPs Transport capacity
Solar Thermal: estimates of installed capacity have been taken fromthe European S Industry Federation (ESTIF) 2014 report41.
74% 21%
85% 320% RENEWABLE ENERGY VIEW 2015
Estimates of consumption of liquid renewable fuels has been estimated from Ricardo-AEA “UK Production of Biofuels for road transport”44 and the DfT’s “Renewable Transport Fuel Obligation statistics”45.
Electricity capacity
Forward looking projections of electricity capacity were obtained by applying yearly breakdowns from 2014 report to the latest yearly total figure from ‘electricity related renewables projections’ table 2010 to 2020 in the ‘Updated Energy Projections’ (UEP) also published by DECC (2014)40.
scenario has been applied in this report.
For 2012 historical investment costs, individual technology cost data has been estimated by applying the estimates provided in DECC’s Electricity Generation Costs (2013)47
For 2010 historical investment costs, individual technology cost data has been estimated by applying the estimates provided in DECC’s Review of the Generation Costs and Deployment Potential of Renewable Electricity Technologies in the UK (2011)46.
MediumBiomass Large Biomass GSHPs
The ‘reference’
Heat capacity Historic and current levels of renewable heat capacity have been estimated as follows: • Bioenergy: has estimated from DUKES,
table 6.6. DUKES includes landfill gas, sewage sludge digestions, domestic & industrial wood combustion animal biomass, anaerobic digestion, plant biomass and energy from waste the following technologies in the category of ‘Bioenergy’. • Heat pumps: has been estimated from DUKES, table 6.6.
For 2011 historical investment costs, individual technology costs data has been estimated by finding the midpoint of 2010 and 2012 costs.
Solar Thermal Small Biogas Biomethane
Projections of costs have been estimated by applying DECC’s forecasts as published in its ‘Electricity Generation Costs’ (December 2013)48, which high, central, low figures were used for 2012, 2015, and 2020 costs respectively.
MediumBiogas Large Biogas
For those years in which there are no specific cost estimates or forecasts (for example 2013, 2014, 2016, 2017, 2018, or 2019), a straight line reducing average calculation has been applied.
Estimates have been adjusted for inflation (using the non-housing Resource Cost Index (RCI) inflation index) in order to express investment values in £2010.
• Solar Thermal: estimates of installed capacity have been taken from the European Solar Thermal Industry Federation (ESTIF) 2014 report41
.
Projections of renewable heat capacity have been estimated from projections of
TABLE 4 INVESTMENT COST ASSUMPTIONS BY TECHNOLOGY 2010 – 2020 (£K/MW, 2012)
Anaerobic digestion Bioliquids
Biomass power Geothermal Hydropower
2010 4221 952
2790 6034 4729
Mixed Waste-to-Energy 4791 Off shore wind On shore wind Small scale solar
State of the Renewable Industry Large scale solar
Tidal and wave
for the period 2013-17 and the Renewables Obligation Order 2012, DECC, July 2012 47 Electricity Generation Costs, DECC, December 2013 48 Electricity Generation Costs, DECC, December 2013
44 UK Biofuel Production, DECC, 2011 45 Renewable Transport Fuel Obligation statistics, DfT, 2010 46 Government response to the consultation on proposals for the levels of banded support under the Renewables Obligation
Anaerobic digestion Bioliquids
Biomass power Geothermal Hydropower
This report is solely for the use and benefit of Renewable Energy Association and should not be relied upon by any other party. State of the renewable industry - Investments in renewable electricity, heat and transport PwC
Mixed Waste-to-Energy Off shore wind On shore wind Small scale solar Large scale solar Tidal and wave
Renewable heat
www.r-e-a.net
Investment costs, load and efficiency factors for renewable heat have been estimated by applying the assumptions as set out in DECC’s 2013 RHI Impact Assessment495051. These are summarised in the table below: Cost (£k/MW) Source of Cost assumptions
REview Renewable Energy View 2015 93
2591 4600 3729 4843 2540 1790 1760 980
2750
2586 4540 3755 4825 2520 1780 1720 960
2750
2581 4480 3782 4807 2500 1770 1680 940
2750
2576 4420 3808 4789 2480 1760 1640 920
2750
2571 4360 3835 4771 2460 1750 1600 900
2750
2016 4080 0
2017 4080 0
2018 4080 0
2019 4080 0
2020 4080 0
2599 1621
2860 3523 2902
2011 4200 0
2718 5462 4215 4846 2630 1710 2380 2262 2826
2012 4180 0
2646 4890 3702 4901 2660 1800 1900 1000 2750
2013 4160 0
2636 4844 3702 4893 2640 1800 1880 1000 2750
2014 4140 0
2626 4798 3702 4885 2620 1800 1860 1000 2750
The table below provides a summary of the cost assumptions applied in this report. Table 4: Investment cost assumptions by technology 2010 – 2020 (£k/MW, 2012)
2015 4080 0
Investment in Renewables 1000
2596 4660 3702 4861 2560 1800 1800
2750
38 DUKES6, DECC, 2012 39 DUKES Trends, DECC, Feb 2015 40 Updated Energy Projections, DECC, 2014 41 Solar thermalmarkets in Europe, ESTIF, June 2014
68% 93% 46% 46%
100% 85% 85%
42National Renewable Energy Action Plan for the UK, DECC, 2009 43 Review of the Generation Costs and Deployment Potential of Renewable Electricity Technologies in
heat generation provided in the UK’s 2010 National Renewable Action Plan (“NREAP”). Capacity additions have been estimated by applying central Load and Efficiency Factors as set out in DECC’s 2013 RHI Impact Assessment . These are summarised in Table 3.
This report is solely for the use and benefit of Renewable Energy Association and should not be relied upon by any State of the renewable industry - Investments in renewable electricity, heat and transport PwC
15% 16% 23% 19% 8%
Investment costs For simplicity investment costs have been allocated to the year in which capacity additions took place. Renewable Electricity
TABLE 3 POWER LOAD FACTOR ASSUMPTIONS
Table 3: Power load factor assumptions Load Factor
Small Biomass Efficiency Factor
83% 83% 83%
350% 100% 85%
Projections of renewable heat capacity have been estimated fromprojections of heat generat UK’s 2010 National Renewable Action Plan (“NREAP”)42. Capacity additions have been estim central Load and Efficiency Factors as set out in DECC’s 2013 RHI Impact Assessment43. Th below:
|
31
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100